Grant County, West Virginia Housing Market
In Grant County, West Virginia, the median home value is $175,100, with a median monthly rent of $644. This places Grant County at #1703 nationally out of 3134 counties by median home value, and #9 within West Virginia.
📈 Price Trend (2017 → 2024)
ℹ️ FHFA HPI data is not available for this county due to limited mortgage transaction volume.
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $1,083
- Establishments: 328
- BLS QCEW, 2025
Housing Supply
- Single-family: 23
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 4,627 (avg $56,650)
- Outflow: 4,426 (avg $56,637)
- IRS Statistics of Income
How Grant County Compares
| Metric | Grant County | West Virginia Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $175,100 | $148,003 | $227,706 |
| Median Gross Rent | $644 | $777 | $968 |
| Owner Occupancy Rate | 81.1% | 78.4% | 73.3% |
| Price/Rent Ratio | 22.7 | 15.8 | 18.7 |
Market Analysis
The median home value in Grant County is 18.3% above the West Virginia state average and 23.1% below the U.S. national average. The median rent of $644/month is 17.1% below the state average.
With a price-to-rent ratio of 22.7, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.
Grant County has an owner-occupancy rate of 81.1%, compared to 78.4% in West Virginia and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Mitchell County | Iowa | $175,100 | $738 |
| Lawrence County | Missouri | $175,100 | $800 |
| Beadle County | South Dakota | $175,100 | $879 |
| Blount County | Alabama | $175,200 | $776 |
| Lawrence County | Indiana | $175,000 | $845 |
Other Counties in West Virginia
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Upshur County | $170,800 | $886 | 80.7% |
| Mineral County | $180,400 | $809 | 81.0% |
| Marion County | $166,700 | $932 | 76.7% |
| Pendleton County | $183,800 | $770 | 84.9% |
| Hardy County | $166,300 | $816 | 77.3% |
Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-13. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).